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How UrbanBound CEO Michael Krasman grew UrbanBound to $10.5M revenue with a 44 person team in 2024.

Developer of a relocation management software designed to help companies in connecting the right people at the right time. The company's relocation management software empowers companies with the technology to administer, track and optimize relocation benefits, all while providing a tailored employee experience, enabling clients to forecast and contain relocation costs, build smarter policies and distribute better benefits.

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UrbanBound Revenue

In 2024, UrbanBound's revenue reached $10.5M. The company previously reported $6.7M in 2024. Since its launch in 2011, UrbanBound has shown consistent revenue growth.

UrbanBound Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20112013201520172019202120232024$0$4M$5M$11MSource: GetLatka.com
YearMilestone
2024UrbanBound Hit $10.5m revenue in November 2024Source
2024UrbanBound Hit $6.7m revenue in October 2024
2023UrbanBound Hit $4.8m revenue in December 2023
2021UrbanBound Hit $3.9m revenue in April 2021
2011Launched with $0 revenue

UrbanBound Valuation, Funding Rounds

UrbanBound is a bootstrapped Relocation Management Software startup. Founded in 2011, UrbanBound has grown to $10.5M in revenue without raising any venture capital or outside funding.

As a self-funded Relocation Management Software SaaS company, UrbanBound has built its business with no outside investment.

UrbanBound Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

UrbanBound Employees & Team Size

UrbanBound employs approximately 44 people as of 2026, down from 54 in 2023.

UrbanBound has 44 total employees in different roles and functions and 6 sales reps that carry a quota.

UrbanBound Team GrowthReported headcount over time0132538506320112013201520172019202120232024004444Source: GetLatka.com
YearMilestone
2024Reached 44 employees (December 2024)
2024Reached 44 employees (October 2024)
2023Reached 54 employees (December 2023)
2022Reached 51 employees (December 2022)
2021Reached 53 employees (December 2021)
2021Reached 47 employees (April 2021)

Founder / CEO

Michael Krasman

Michael is a serial entrepreneur who has co-founded five high growth businesses over his twenty year career. Currently, Michael is the CEO, co-founder, board director of UrbanBound and is a co-founder and board director at Hireology. Michael's first business, Versity.com, grew rapidly over a 3 year period and was successfully sold in 2000. During his time with Versity, Michael held several roles which included CFO, VP of Product Development and Board Member. Prior to these ventures, Michael was a financial analyst at the investment bank Donaldson, Lufkin and Jenrette in New York (acquired by Credit Suisse). He graduated with High Honors from the University of Michigan's Ross School of Business with a Bachelor of Business Administration. Michael is an active member and past President of the Entrepreneurs Organization of Chicago, a global organization with over 14,000 members worldwide.

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Customers

We do not have customer count information for UrbanBound yet.

Frequently Asked Questions about UrbanBound

What is UrbanBound's revenue?

UrbanBound generates $10.5M in revenue.

Who founded UrbanBound?

UrbanBound was founded by Michael Krasman.

Who is the CEO of UrbanBound?

The CEO of UrbanBound is Michael Krasman.

How much funding does UrbanBound have?

UrbanBound raised $0.

How many employees does UrbanBound have?

UrbanBound has 44 employees.

Where is UrbanBound headquarters?

UrbanBound is headquartered in Chicago, Illinois, United States.

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Compare UrbanBound to the industry

UrbanBound operates across multiple industries. Browse revenue, funding, and growth data for UrbanBound in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .